News

• Fix emission trading system, E.ON urges Commission

  09 February 2012

  The EU Emissions Trading System (ETS) needs to be urgently reformed in order to provide higher and more predictable carbon dioxide (CO2) emission prices, according to the chief executive of energy giant E.ON.

• Bank of England to examine carbon 'bubble'

  09 February 2012

  The Bank of England has said it will consider whether exposure to carbon-intensive industries puts the UK's financial stability at risk, and has identified the criteria for such exposure to be considered a threat.

• Forest Footprint Disclosure Project brands oil sector disclosure as 'shameful'

  09 February 2012

  The oil and gas sector remains a black hole in terms of disclosure around its use of commodities that can lead to deforestation, such as biofuels, according to the latest report from the Forest Footprint Disclosure Project (FFDP).

• US Defense Department should seek private investors for solar build-out – ICF

  08 February 2012

  The US Department of Defense (DoD) needs to engage private investors if it wants to tap the more than 7GW of solar energy potential on its California properties, according to a study by consultancy ICF International.

• US states order insurers to disclose climate risks

  07 February 2012

  About 300 insurance companies active in the US will be required to detail the risks they face from climate change, following regulatory moves in California, New York and Washington State.

• Aviva move bad news for SRI, good news for ESG integration – Waygood

  07 February 2012

  Aviva Investors' proposed move out of its sustainable and responsible investment (SRI) funds is "not good news for SRI at Aviva Investors, but there is good news for ESG integration", according to the London-based firm's new chief responsible investment officer.

• Ecofin acquires Australian asset management firm

  07 February 2012

  London-based investment management firm Ecofin has launched an Australian subsidiary on the back of a local acquisition.

• China bans airlines from EU carbon trading

  06 February 2012

  China has issued its strongest warning yet about its airlines not participating in the EU Emissions Trading System (ETS).

• UK low-carbon agenda feared at risk after climate minister resigns

  06 February 2012

  More than 100 Conservative members of parliament (MPs) have called on the UK government to slash support for onshore wind farms, coinciding with the resignation of renewables advocate Chris Huhne as Secretary of State for Energy & Climate.

• Global Environment Fund beats target for Africa forestry fund

  03 February 2012

  Global Environment Fund (GEF) has raised $160 million into its Africa Sustainable Forestry Fund, exceeding its target of $150 million.